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ASSOUNA & ABOU ALI 

Attorneys At Law
Cairo, Egypt

   
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Legal Bulletin

Government Announces PPP Agriculture Projects

7/4/2010

Utilizing the newly enacted PPP Law, Ministry of Economic Development has prepared a list of agricultural projects be put to the private sector for implementation during the current fiscal year.The projects include reclamation of about 200,000 acres in the South Valley Development Project (Toshka), 118,000 acres in North Sinai Development project, in addition to horizontal expansion in the West Kom Ombo in Aswan for the reclamation of 200,000 acres. The total investment target for implementation during the year in the sectors of agriculture and irrigation is estimated at about USD 1.2 billion, from which the private sector is expected to take more than 60%.

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